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by honestlyreally 3215 days ago
But virtually all mining is done near cheap renewable power.

People talk a lot about how much energy it uses, yet to see attempt at quantifying co2 emissions, they are likely quite low.

2 comments

In a country with an electricity grid and 60% coal-based electricity generation.
Couldn't that cheap renewable electricity be transmitted and used elsewhere if the miners weren't using it?

The disparity in energy use is so large that even if Bitcoin mining emitted only 1% of the CO2 per kWh that normal energy users do, it would still be far ahead.